This work addresses the problem of distributed multi-agent localization in presence of heterogeneous measurements and wireless communication. The proposed algorithm integrates low precision global sensors, like GPS and compasses, with more precise relative position (i.e., range plus bearing) sensors. Global sensors are used to reconstruct the absolute position and orientation, while relative sensors are used to retrieve the shape of the formation. A fast distributed and asynchronous linear least-squares algorithm is proposed to solve an approximated version of the non-linear Maximum Likelihood problem. The algorithm is provably shown to be robust to communication losses and random delays. The use of ACK-less broadcast-based communication protocols ensures an efficient and easy implementation in real world scenarios. If the relative measurement errors are sufficiently small, we show that the algorithm attains a solution which is very close to the maximum likelihood solution. The theoretical findings and the algorithm performances are extensively tested by means of Monte-Carlo simulations.